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20.0¢ firefinch limited

I just picked up 13.5c @ 50k shares not a massive amount but a...

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HealthPro777

1,541 Posts.

468

15/12/20

14:18

Post #: 49591869
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Originally posted by Red Baron: ↑

The Directors have bought shares on market & in the placement
The Drillers have bought shares & swapped debt for shares

Jasmin thinks we should sell.
I wonder if she knows more than the above groups?
Just asking - maybe she does.

It's natural to have doubt in your investment decisions when you see the constant sell down.
Some of these bigger holders, funds etc have their own reasons for selling, nothing to do with the fundamentals.
Rebalancing portfolios, eg moving into some hot stock areas - BNPL, Pot, Battery products (forgot we have that)
This distorts the market, stocks are nearly always under valued or over valued, that's why we buy & sell.
No one would invest if all stocks were fairly valued.
The trick is to sell the over valued & buy the under valued and then wait.

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I just picked up 13.5c @ 50k shares not a massive amount but a good chunk for my holdings.... just as i saw the amazing news the doc has bought more... so cannot be more confident than the literal chairman buying in...

You have to think this has to turn eventually... cannot see this moving any further south....

FFX Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
21 Upvote

0 Great analysis

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